Soap
- Thread starter LazyWP
- Start date
Soapweed
Well-known member
LazyWP said:
They didn't do too bad, and at least they are no longer eating feed around here. We sold 188 black-hided steer calves, which were our biggest steers. They were presented as all the same cut, and the buyer could take one load or two. The first load weighed 597 pounds at $166.75 per cwt, and the second load was ten pounds lighter at 587 pounds. The buyer took both loads. The steers were about sixty pounds lighter than last year, but since they sold three weeks earlier, this is to be expected.
Faster horses
Well-known member
Sounds like they sold very well, Soapweed. Congratulations! And they
are someone else's problem now.
590# calves here aren't bringing that,
but then the freight is higher this far away, too. The country order buyers
were around earlier and contracted some calves for later delivery, but not everyone contracted them early. One seller I did hear got $167.@600# which
I thought was wonderful. Those calves go mid-October. Country buyers
aren't offering that much now.
are someone else's problem now.
590# calves here aren't bringing that,but then the freight is higher this far away, too. The country order buyers
were around earlier and contracted some calves for later delivery, but not everyone contracted them early. One seller I did hear got $167.@600# which
I thought was wonderful. Those calves go mid-October. Country buyers
aren't offering that much now.
littlejoe
Well-known member
last deal i heard-sold a week or so ago--straight black, no shots, pulled off the cows and weighed at home---don't know about pencil shrink---strs 590 @ 1.60, heifers 2 cents and 30 # back. Quality cattle---but probably another nickel freight over faster hosses
BRG
Well-known member
Thats pretty good! We placed a set of customers steers this summer off the video and they topped the weight class from western SD weighing 590 lbs at sold for $1.62. It seems that the market is a little higher today than it was in August on the videos, especially on the load lots sizes and reputation herds.
Faster horses
Well-known member
Cattle buyer just bought calves here in the country 580#@$1.60. Of course there are no commissions to be paid. Except for the normal
weigh fee, health fee, brand inspection and check-off, the seller gets
the rest. I thought it was a good sale.
Everyone is thinking the calves out of here will be lighter than usual.
weigh fee, health fee, brand inspection and check-off, the seller gets
the rest. I thought it was a good sale.
Everyone is thinking the calves out of here will be lighter than usual.
littlejoe
Well-known member
Faster horses said:Sounds like they sold very well, Soapweed. Congratulations! And they
are someone else's problem now.
but then the freight is higher this far away, too. The country order buyers
were around earlier and contracted some calves for later delivery, but not everyone contracted them early. One seller I did hear got $167.@600# which
I thought was wonderful. Those calves go mid-October. Country buyers
aren't offering that much now.
It'd be kinda nice to compare prices and costs--and terms. Commissions? Local ring is at 2.75% (i think)---on 1.60 calves, that alone takes about 4 1/2 cents off them. Most country buyers---if they aren't moved a ways---want either an overnite stand or pencil shrink. But haul them to the ring, let them run 'em aroud and you can bet the shrink you're getting makes pencil shrink look small~
I've seen ads on sales rings settlements in mid-west (by a guy who was promoting his charolais bulls) one thing that jumped out at me was ring commision was only about 1%. Guess where there's lots of rings, competition kicks here---here they're generally over 100 miles apart.
I plan on sending some old cows and a few open coming 2's to Billings---will post results---
We're firm believers in pre-conditioning shots, would do it even if nobody paid us too, for the cattle's sake (which is good, as the most we ever get compensated is they buy the shots, when we sell them early)---but does make them easier to sell. Another deal that supposedly adds value is hip brands---got a dandy, but maybe an even better rib brand----which is easier for me---and that i ain't gonna change unless market makes it very well worth my while..
Faster horses
Well-known member
littlejoe said:Faster horses said:Sounds like they sold very well, Soapweed. Congratulations! And they
are someone else's problem now.
but then the freight is higher this far away, too. The country order buyers
were around earlier and contracted some calves for later delivery, but not everyone contracted them early. One seller I did hear got $167.@600# which
I thought was wonderful. Those calves go mid-October. Country buyers
aren't offering that much now.
It'd be kinda nice to compare prices and costs--and terms. Commissions? Local ring is at 2.75% (i think)---on 1.60 calves, that alone takes about 4 1/2 cents off them. Most country buyers---if they aren't moved a ways---want either an overnite stand or pencil shrink. But haul them to the ring, let them run 'em aroud and you can bet the shrink you're getting makes pencil shrink look small~
I've seen ads on sales rings settlements in mid-west (by a guy who was promoting his charolais bulls) one thing that jumped out at me was ring commision was only about 1%. Guess where there's lots of rings, competition kicks here---here they're generally over 100 miles apart.
I plan on sending some old cows and a few open coming 2's to Billings---will post results---
We're firm believers in pre-conditioning shots, would do it even if nobody paid us too, for the cattle's sake (which is good, as the most we ever get compensated is they buy the shots, when we sell them early)---but does make them easier to sell. Another deal that supposedly adds value is hip brands---got a dandy, but maybe an even better rib brand----which is easier for me---and that i ain't gonna change unless market makes it very well worth my while..
As you said, on calves, most country buyers here take no shrink or overnight stand UNLESS the calves are weighed at home before they are put on the truck.
Soapweed
Well-known member
littlejoe said:
With our sale through Valentine Livestock Auction, the calves brought $986.88 per head before selling expense was subtracted. Selling expense (including trucking) was $17.56 per calf, which amounted to 1.78 percent of the total. Here is a breakdown of the selling costs:
Commission $8.30
Yardage 1.90
Brand inspection .75
Beef check-off 1.00
State vet inspection .40
Insurance .64
Trucking 4.57
TOTAL $17.56
This does not take into consideration any extra shrink which undoubtedly occurs from hauling them to a sale barn. I have high regard for Valentine Livestock Auction for always doing their best to satisfy both seller and buyer.
3 M L & C
Well-known member
Hey soapweed Do you know where your calves went?
Soapweed
Well-known member
3 M L & C said:
Buyer number 49/5.
3 M L & C
Well-known member
Good one I left the door wide open for that oneLazyWP said:To Valentine?
Big Swede
Well-known member
I heard a rumor last night that some of the calves that sold really well on some video auctions last spring and summer are not going to be delivered because the buyers are just paying the commission and letting the sale fall through. Sucks for the guy who thought he had marketed his calves well.
littlejoe
Well-known member
Soapweed said:
Thanks for posting this Soap!
By my calculator, you're paying 85/100 of 1% commission. I could live with that---I'm pretty sure local ring charged 2 3/4%.
On the shrink, I think buyers kinda factor it in---I've run some in "full" and definitely got spanked for it.
